Latest news with #CapriHoldingsLimited
Yahoo
29-05-2025
- Business
- Yahoo
Capri Holdings Limited (CPRI): A Bull Case Theory
We came across a bullish thesis on Capri Holdings Limited (CPRI) on Substack by Paul Cerro. In this article, we will summarize the bulls' thesis on CPRI. Capri Holdings Limited (CPRI)'s share was trading at $17.33 as of 21st May. CPRI's trailing and forward P/E were 5.74 and 23.75 respectively according to Yahoo Finance. A luxury apparel store, showcasing the high-end brand offerings. Capri Holdings (CPRI) recently announced the divestment of Versace to Prada for $1.375 billion—a notable step down from its 2018 purchase price but still a strategic win for investors betting on the deal. Despite the anticipated stock rally post-announcement, shares faltered due to the reintroduction of steep tariffs under Trump, particularly a 145% rate on Chinese goods, which significantly impacted sentiment around CPRI, whose Michael Kors and Jimmy Choo brands rely heavily on Asian manufacturing. Still, this tariff pressure is seen as unsustainable. The belief is that Trump will be forced to reverse course, either by market pressure—such as rising 10-year Treasury yields—or pushback from corporations, as was the case with his 90-day pause on electronics tariffs. Capri's now net-cash position, excluding operating leases, strengthens the investment case. Even after paying down $1 billion in debt, the company could still hold $250 million in cash, providing flexibility for reinvestment, buybacks, or further deleveraging. This financial pivot, paired with the sale of a loss-making segment, positions CPRI for re-rating—especially once tariff-related overhangs ease. While the core brands (KORS and CHOO) aren't the most exciting in isolation, the improved balance sheet and optionality create an attractive setup. Investors see a path for a 25%+ move from current levels once macro risks subside. With no imminent catalyst but strong structural improvements in place, the stock is viewed as a mispriced asset in the wake of temporary geopolitical noise, setting the stage for significant upside as clarity returns. Capri Holdings Limited (CPRI) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 47 hedge fund portfolios held CPRI at the end of the fourth quarter which was 57 in the previous quarter. While we acknowledge the risk and potential of CPRI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CPRI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Yahoo
29-05-2025
- Business
- Yahoo
Capri Holdings Limited (CPRI): A Bull Case Theory
We came across a bullish thesis on Capri Holdings Limited (CPRI) on Substack by Paul Cerro. In this article, we will summarize the bulls' thesis on CPRI. Capri Holdings Limited (CPRI)'s share was trading at $17.33 as of 21st May. CPRI's trailing and forward P/E were 5.74 and 23.75 respectively according to Yahoo Finance. A luxury apparel store, showcasing the high-end brand offerings. Capri Holdings (CPRI) recently announced the divestment of Versace to Prada for $1.375 billion—a notable step down from its 2018 purchase price but still a strategic win for investors betting on the deal. Despite the anticipated stock rally post-announcement, shares faltered due to the reintroduction of steep tariffs under Trump, particularly a 145% rate on Chinese goods, which significantly impacted sentiment around CPRI, whose Michael Kors and Jimmy Choo brands rely heavily on Asian manufacturing. Still, this tariff pressure is seen as unsustainable. The belief is that Trump will be forced to reverse course, either by market pressure—such as rising 10-year Treasury yields—or pushback from corporations, as was the case with his 90-day pause on electronics tariffs. Capri's now net-cash position, excluding operating leases, strengthens the investment case. Even after paying down $1 billion in debt, the company could still hold $250 million in cash, providing flexibility for reinvestment, buybacks, or further deleveraging. This financial pivot, paired with the sale of a loss-making segment, positions CPRI for re-rating—especially once tariff-related overhangs ease. While the core brands (KORS and CHOO) aren't the most exciting in isolation, the improved balance sheet and optionality create an attractive setup. Investors see a path for a 25%+ move from current levels once macro risks subside. With no imminent catalyst but strong structural improvements in place, the stock is viewed as a mispriced asset in the wake of temporary geopolitical noise, setting the stage for significant upside as clarity returns. Capri Holdings Limited (CPRI) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 47 hedge fund portfolios held CPRI at the end of the fourth quarter which was 57 in the previous quarter. While we acknowledge the risk and potential of CPRI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CPRI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fashion United
28-05-2025
- Business
- Fashion United
Capri holdings slides deeper into loss zone in fourth quarter
The US fashion group Capri Holdings Limited also suffered significant sales losses in the fourth quarter of the 2024/25 financial year. In addition, the group reported a significantly higher loss. However, the figures, which the company published on Wednesday, were not quite as bad as analysts had expected in the run-up. The current quarterly report still includes the results of the Versace brand, the acquisition of which by the Italian fashion group Prada SpA is to be completed in the second half of the year. In mid-April, both companies agreed that the Prada Group would acquire the fashion house for around 1.37 billion dollars. Group sales fall by around 15 percent In the fourth quarter, which ended on March 29, Capri's group sales amounted to around 1.03 billion dollars. This corresponded to a decrease of 15.4 percent compared to the same period last year. Adjusted for exchange rate changes, revenues shrank by 14.1 percent. The significant decrease was due to losses at all group brands. Michael Kors' sales fell by 15.6 percent (currency-adjusted -14.4 percent) to 694 million dollars, while Jimmy Choo's revenues fell by 2.9 percent (currency-adjusted 1.5 percent) to 133 million dollars. Versace suffered a minus of 21.2 percent (currency-adjusted -19.7 percent) to 208 million dollars. Due to significantly lower costs, the group was able to reduce its operating loss, which had been 543 million dollars in the same quarter last year, to 116 million dollars. However, the net loss attributable to shareholders grew by 37 percent to 645 million dollars due to higher tax charges. Adjusted for special effects, the corresponding deficit was 581 million dollars, after an adjusted net profit of 50 million dollars had been recorded in the same quarter last year. Net loss for the full financial year amounts to more than one billion dollars Group sales for the full financial year were 4.44 billion dollars, a decrease of 14.1 percent compared to the previous year. The reported net loss of around 1.18 billion dollars was more than five times as high as in the previous year, when it was 229 million dollars. The group also published an initial outlook for the current 2025/26 financial year, which no longer includes Versace's results. According to this, management expects annual sales in the range of 3.3 to 3.4 billion dollars, an operating profit of approximately 100 million dollars and diluted earnings per share of between 1.20 and 1.40 dollars. Chief executive officer John Idol looks to future with 'optimism' Chairman and chief executive officer John Idol was confident about the future: 'The 2024/25 financial year was a difficult year for Capri Holdings, but as we start the 2025/26 financial year, we are optimistic about our future path,' he said in a statement. Despite the uncertainties arising from the development of global tariffs, the group will focus on its new strategic measures, which should lead to future growth. The company is still in an 'early phase' of its turnaround, but can already see 'positive signs' of the effectiveness of the strategy, Idol emphasised. This article was translated to English using an AI tool. FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result. This saves our human journalists time they can spend doing research and writing original articles. Articles translated with the help of AI are checked and edited by a human desk editor prior to going online. If you have questions or comments about this process email us at info@
Yahoo
12-05-2025
- Business
- Yahoo
Capri Holdings Limited (CPRI): Among Billionaire Glenn Russell Dubin's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Capri Holdings Limited (NYSE:CPRI) stands against Billionaire Glenn Russell Dubin's other stock picks with huge upside potential. Glenn Russell Dubin is one of the industry's most experienced hedge fund managers, best known as the co-founder of Highbridge Capital Management, a multi-strategy investment business he founded with Henry Swieca in 1992. Before being bought by JPMorgan Chase in 2004, the firm quickly rose to prominence as one of Wall Street's most sophisticated hedge funds. As of March 2024, Highbridge Capital manages more than $7.1 billion in discretionary assets and has a focused exposure to growth industries. Dubin has long been involved in basic research and multi-asset investing through Highbridge and his private investment firm, Dubin & Company. His portfolio demonstrates a high-conviction strategy, with the top ten holdings accounting for more than 40% of reported 13F equities. Dubin's top stock picks frequently coincide with broader macroeconomic themes, such as monetary easing, capital market expansion, and industrial revival, making them excellent bets for long-term investors looking for asymmetric risk-reward ratios. The background for these investments is especially attractive. Financial markets rebounded strongly in 2024, with financial equities up more than 30% by the end of the year, owing to lower inflation, lower interest rates, and strong investor sentiment. Even if the United States' GDP growth is expected to fall from 2.7% in 2024 to 1.5% in 2025, hopes of Fed rate cuts and a more stable regulatory environment are keeping financial industry momentum alive. Meanwhile, growing corporate refinancing needs and record-high consumer debt are steering capital into private credit and asset-backed lending—areas where Highbridge has traditionally excelled. The industrial sector is also experiencing a significant revival, with a 26% increase in 2024 driven by demand for reshored manufacturing, clean energy buildout, and infrastructure construction. With only a quarter of the $1.9 trillion in planned North American infrastructure projects underway, there is still enormous growth potential. At the same time, reduced interest rates are expected to boost housing activity, and aerospace demand is expected to rise as airlines revamp their aged fleets. These macroeconomic drivers continue to provide appealing entry points for cyclical names with long-term upside. Tariff concerns have increased volatility in the equity markets, particularly in light of proposed higher tariffs on steel and aluminum imports. However, other investors see this as a temporary disruption that could eventually benefit domestic manufacturers and capital goods industries. In reality, leading market commentators argue that predictions of a fresh wave of trade protectionism are exaggerated, with underlying fundamentals remaining strong across major value industries. In that scenario, this may be a good time to follow experienced managers such as Glenn Dubin. As markets reset and valuations in banking and industrial stocks decline from their 2024 highs, the opportunity to purchase into structurally good companies at a discount is wide open. Highbridge Capital's recent bets indicate trust in sectors that are not only rebounding but evolving, and these top stock picks might provide considerable upside as the market rebalances in 2025. To compile a list of Billionaire Glenn Russell Dubin's 10 Stock Picks with Huge Upside Potential, we studied Greenlight Capital's Q4 2024 13F filings to identify billionaire Glenn Russell Dubin's stock picks with the most upside potential. We evaluated the firms in ascending order of upside potential. These stocks are also popular with elite hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A glamorous woman with a leather handbag enjoying a shopping experience in an upscale boutique. Number of Hedge Fund Holders: 42 Upside Potential: 80.19% Through its Versace, Jimmy Choo, and Michael Kors divisions, Capri Holdings Limited (NYSE:CPRI) is a multinational fashion conglomerate that creates, sells, and distributes high-end clothing, accessories, and footwear. Its brands, spanning ready-to-wear, handbags, footwear, and fragrances, are positioned in the premium and luxury segments and sold through retail stores, wholesale partners, and online channels. With a substantial presence in North America, Europe, and Asia, the company is a global operator. Capri Holdings Limited (NYSE:CPRI) reported $1.3 billion in revenue for the quarter ended December 28, 2024 (Q3 FY2025), which was 12% lower than the previous year. Earnings per share were $0.45, which fell short of forecasts. Due to $23 million in foreign exchange losses, net income was $54 million, and the operating margin fell to 6% from 12.1% the year before. Net debt was $1.12 billion, and inventory was down 13% to $892 million. To bring Michael Kors' global network down to 650 outlets, Capri Holdings Limited (NYSE:CPRI) shuttered more than 100 stores this year and aims to close another 70. The company also implemented significant cost-cutting measures, targeting an additional $150 million in savings for FY2026 after reducing expenses by over $100 million this year. For FY2026, projections include revenue of approximately $4.1 billion and operating income of $150 million, supported by a $200 million reduction in operating expenses and a slight gross margin improvement. With revenue growth anticipated to restart in fiscal 2027 and operating margins predicted to improve steadily, these measures laid the groundwork for a gradual recovery. Given its robust portfolio of brands and well-defined strategic plan, Capri Holdings Limited (NYSE:CPRI) is a standout candidate for retail stock with significant upside potential. Long-term value generation may be supported by ongoing enhancements to the price structure, retail optimization, and product mix. Capri Holdings Limited (NYSE:CPRI) made up 0.19% of Glenn Russell Dubin's stock portfolio at the end of Q4 2024. Overall, CPRI ranks 4th on our list of Billionaire Glenn Russell Dubin's stock picks with huge upside potential. While we acknowledge the potential of CPRI, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CPRI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at .
Business Wire
07-05-2025
- Business
- Business Wire
Capri Holdings Limited Announces Reporting Date for Fourth Quarter and Fiscal 2025 Financial Results
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its fourth quarter and fiscal year 2025 financial results on Wednesday, May 28, 2025, at approximately 6:45 a.m. ET. The Company also plans to hold a conference call to discuss its financial results the same day at 8:30 a.m. ET. Those who wish to participate in the call may do so by dialing (877) 704-4453 or (201) 389-0920 for international callers, conference ID 13751838. A live webcast of the conference call will also be available on the Company's website, In addition, a replay of the call will be available shortly after the conclusion of the call and remain available until June 4, 2025. To access the telephone replay, listeners should dial (844) 512-2921 or (412) 317-6671 for international callers. The access code for the replay is 13751838. A replay of the webcast will also be available within two hours of the conclusion of the call. About Capri Holdings Limited Capri Holdings is a global fashion luxury group consisting of iconic brands Michael Kors, Jimmy Choo and Versace. Our commitment to glamorous style and craftsmanship is at the heart of each of our luxury brands. We have built our reputation on designing exceptional, innovative products that cover the full spectrum of fashion luxury categories. Our strength lies in the unique DNA and heritage of each of our brands, the diversity and passion of our people and our dedication to the clients and communities we serve. Capri Holdings is publicly listed on the New York Stock Exchange under the ticker CPRI.
